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The winner was declared on Monday night , but the winner’s identity has not been confirmed as yet
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The winner can now have the option of winning the full amount in 29 years or a one-time pay of $407.2m
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The deduction in the amount is attributed to the taxes incurred as per the rules reducing the winnings by 1/3 rd
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This happens to be the first time in this year that someone has won the Powerball jackpot played in 45 states
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The last jackpot win happened in November 2022 with a Kansas City resident winning $92.9m
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The only Billion dollar earning in the jackpot happened last year too as the winner got $2.04bn prize money
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To win the Powerball jackpot, players must buy $2 tickets and match all 5 white balls as well as 1 red ball